PHILIP CLEMENT, ABUJA The Securities and Exchange Commission is set to register and actively monitor brokers selling stocks for foreign companies in furtherance of its mandate of ensuring investor protection and market transparency especially for retail investors. This was disclosed by Executive Commissioner Operations of the SEC, Mr. Dayo Obisan during an interview with Bloomberg […]
BY PHILIP CLEMENT, ABUJA The Securities and Exchange Commission (SEC), has denied conducting any recruitment exercise as being circulated in several websites and blogs purportedly associated with the SEC. The Commission in a statement at the weekend said “The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to several websites and […]
The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to attract more investments to the country in a bid to further boost the economy. Acting Director General of the SEC, Ms. Mary Uduk stated this when she received the Executive Secretary of the Nigerian Investment […]
…Reiterates commitment to developing capital market …As 384 out of 449 CMOs complied with recapitalisation …Market indicators extend losing streak by 1.33% The Security and Exchange Commission (SEC) has said a total of 2.55 million accounts have been mandated under the e-Dividend Mandate Management System (eDMMS), making investors to receive their dividends payment directly from […]
The National Industrial Court, Abuja, on Thursday fixed Jan. 30, 2019, to hear the counter-claim and other pending applications filed by the Securities and Exchange Commission (SEC) and two other defendants challenging the suit filed by the suspended Director-General of SEC, Mounir Gwarzo. At the resumed hearing, Gwarzo’s counsel, Adetayo Adeyemi, told the court that […]
The Securities and Exchange Commission (SEC), has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the SEC regarding an Initial Public Offering (IPO). The Commission in a Circular in Abuja weekend signed by its Management, said its attention has been drawn to a publication in pages […]
* Market stakeholders raise eyebrows over non-release of probe panel’s report * Why ex-acting SEC DG was demoted – Finance Minister The ongoing saga between Oando Plc, the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) has caught yet another leader of the commission in its fangs. Speaking with our correspondent at […]
The Nigerian Securities and Exchange Commission (SEC) has revealed part of its near-future plans is the phasing out of printed annual reports for distribution to shareholders, by publicly listed companies. The Director General of SEC, Mr. Mounir Gwarzo who disclosed this during the post CMC meeting held in Lagos on Wednesday explained that the purpose […]